Re: Shoot foot, then head
"The US has the biggest market, and cutting off your profits to spite your face just isn't a likely outcome."
Firstly, the USA is _not_ the biggest market,, nor is it the largest economy (it's third) and it's stagnating. As a percentage of the overall world market a number of large multinational companies don't bother doing business there due to the entrenched parochialism and systemic problems encountered - or if they do, they treat it as a minor operation.
Secondly, for all the dickwaving coming from the USA - and it IS dick waving - the chinese have an iron grip on the dangly parts that matter below - the moneybags.
The USA is a bit like a blowfish - with a few very loud voices far louder than their economic worth - Hollywood could be hoovered up wholesale by Google using spare chance form down the back of the sofa as one example.
China's manouvered itself into in a position where it can say this:
"If you fight, we’ll call in your mortgages. And incidentally, that’s my pike you’re pointing at me. I paid for that shield you’re holding. And take my helmet off when you speak to me, you horrible little debtor."
If it does so, the USA has _zero_ choice but to go home - humiliated without a shot being fired - the reason being that the _moment_ it defaults on any of its debts or is seen to go to war to avoid them, the mighty US Dollar will cease being the world's chosen trading instrument. It's been rumoured for years that the _real_ reason for Gulf War 2 was because Saddam Hussein had started trading oil in Euros and the USA couldn't allow that habit to spread.
The last set of big wars over who owned global trade was fought between the UK and Germany, starting with rivalries in the 1860s and military buildups from the 1880s - culminating in round one in 1914-1918 and round two in 1939-1945. The answer that time was "The USA thanks you"
The time before that was between Spain and Portugual - with the UK coming out the winner after some sideline fun with France.
If the USA chooses to go head to head with China, who will come out on top in trade? India? Nigeria? Whatever the answer, it _won't be the USA.